Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fai…

The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit Facility (SMCCF). Additionally, financial analysts from Wall Street on Parade have continued to expose the Fed’s tactics. The investigative journalists note that the American populace needs to know: “[The Fed must be] stripped of its ability to bail out the trading firms on Wall Street.”

The Fed and Blackrock Have No Oversight and Just Do Whatever They Want

The Federal Reserve is more powerful than ever before. For the past two months, the U.S. central bank and many other foreign central banks have used Covid-19 as an excuse. The Fed has created trillions for Wall Street and corporate executives, while at the same time putting U.S. citizens in debt forever. There is vast amounts of historical…